The Comcast NBC emblem is proven on a constructing in Los Angeles, California, June 13, 2018.
Mike Blake | Reuters
Comcast is shifting ahead the spinoff of its cable community channels, a supply aware of the matter informed CNBC’s Julia Boorstin on Tuesday.
The separation is predicted to take a few 12 months, and an announcement from the corporate may come as early as Wednesday, the particular person mentioned. The corporate had introduced throughout its quarterly earnings in October it was contemplating a cut up of the cable networks.
The spinoff was first reported by The Wall Avenue Journal.
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Disclosure: Comcast owns NBCUniversal, the guardian firm of CNBC.
